INVESTIGATE NOW! Cap Credit Card Int Rates! Outrage @ Wall St plunging us into deep recession!
March 12, 2009 Senator Bernie Sanders (I-VT) CHRIS GAROFOLO, Reformer Staff Sanders is looking for Congress to place the same interest rate cap on the credit card industry as they did on credit union loans almost 30 years ago. Likewise, the senator’s measure would give the Federal Reserve Board the flexibility to adjust the rate cap if it determines that the safety and soundness of lenders is jeopardized, comparable to the credit union act. en. Bernard Sanders announced he will propose …